Is Asheville, NC 28801 a buyer’s or seller’s market?
Asheville is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 19% of U.S. ZIP codes, and #284 of 424 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Asheville housing market right now
In the three months ending August 31, 2026, 18% of homes in Asheville, NC 28801 sold above their list price, the typical home went under contract in 68 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 63 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 2%, homes sold faster (74 days then) and the median sale price rose 1% to $667,711. Overall, Asheville is more competitive than a year ago, so tougher for buyers.
Within Buncombe County, homes here sell faster than in 62% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Asheville ranks #284 of 424 NC ZIP codes with enough sales (score 24 out of 100).
Nearby, buyers who want less competition could look at Alexander 28701 (5% sold over asking) or Asheville 28803 (6% sold over asking).
Run the numbers for 28801
Nearby markets
Alexander 28701Balanced $278 /sq ftArden 28704Buyer’s market $273 /sq ftAsheville 28803Buyer’s market $306 /sq ftAsheville 28804Buyer’s market $324 /sq ft Browse all markets →Towns like Asheville nearby
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Questions about Asheville real estate
Is Asheville a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Asheville, NC 28801 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Asheville?
The typical home went under contract in 68 days in the latest three months.
Do homes in Asheville sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Asheville?
About 0.57% of a home’s value a year in Buncombe County, or roughly $2,280 on a $400,000 home.
What is the median home price in Asheville?
The median sale price was $667,711 in the three months ending August 31, 2026, about $411 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology